• 10256
• Commerce Course Instructor
  Look, the lecture's almost about to begin.
  There's the Advanced Commerce Course teacher now, Instructor Mutu.
  Have you gotten used to him yet?

• 10257
• Instructor Mutu
  Heeeeeello there!
  I'm so happy I'll get to teach you again, Player! You're such a quick learner, after all.
  Although, this lecture might be a little difficult. Are you sure you can keep up?

• 10258
• What will you answer?

• 10259
• Absolutely.

• 10260
• Is it really that difficult?

• 10261
• Instructor Mutu
  Good answer! I like that confidence. Now I can teach at my full capacity.
  There weren't many students like that even in India.
  I never would have thought I'd found the type of student I was looking for here in Europe... How interesting.

• 10262
• Instructor Mutu
  Huh? Did I scare you? Don't worry, you'll be fine. I'm sure you'll have no problem with it, Player.

• 10263
• Instructor Mutu
  Today's lecture is about investments. It may not be something that's familiar to most Voyagers,
  so I'll try to explain it at a pace that works for you. What would you like to know?

• 10264
• What will you answer?

• 10265
• What are investments?

• 10266
• Where can you invest?

• 10267
• Can you invest in any city?

• 10268
• That's enough.

• 10269
• Instructor Mutu
  Investments are the act of donating money to a city. By doing so, you can help that city to develop and grow.
  In exchange for the investment, the city will give you a precious recipe or lot,
  or sell you a trade item that they never had before.
  Almost all of the advanced merchants make prior investments like this!

• 10270
• Instructor Mutu
  Investments can be made by talking to city officials or the minister of state.
  But, they will only deal with Voyagers that have already made something of a name for themselves.
  When I was still young, no one recognized me as a Voyager, so I was turned away dozens of times...

• 10271
• Instructor Mutu
  Aaaaahh!! Just thinking about it makes me so irritateeeeeeeed!!

• 10272
• Instructor Mutu
  You can't invest in foreign countries. The only cities you can invest in must be part of your own country, your country's territory, or neutral harbours.
  Neutral harbours serve as harbours for allied countries with the greatest amounts of influence, and are treated as part of those countries' territory.
  This is why each country fights over who gets to invest in these harbours and compete for influence.

• 10273
• There are three types of cities
  headquarters, territory, and neutral harbours.
  You can only invest in cities that are part of
  your own country's headquarters, territory, or
  neutral harbours. You cannot invest in
  headquarters or territories of other countries.

• 10274
• Instructor Mutu
  Are you sure you've got everything?

• 10275
• What will you answer?

• 10276
• That's enough.

• 10277
• No, not quite.

• 10278
• Instructor Mutu
  Is there anything else you'd like to ask?

• 10279
• What will you answer?

• 10280
• No, I'm good.

• 10281
• Yes, there is.

• 10282
• Instructor Mutu
  All right, then let's take a break. I'm rather thirsty.
  Once you've reviewed today's lecture, please talk to the Commerce Course Instructor. Next, I'll teach you about the effects and merits of investments.

• 10283
• Instructor Mutu
  Thaaaanks for waiting! Let's pick up where we left off!

• 10284
• Instructor Mutu
  Okay everyone, it's time for my super-special investment lesson! Now, what would you like to know?

• 10285
• What will you answer?

• 10286
• The effects of investing in a city

• 10287
• The merits to yourself of investing

• 10288
• Instructor Mutu
  The effects investing has on a city, eh.
  When you invest in a city, that city's Development Level increases. In addition, the country of the person who invested increases in influence.
  In particular, neutral harbours are treated the same as countries with the highest possible levels of influence, and excel in areas such as tariffs.
  After all, you can't ignore tariffs when dealing with high-cost trade items.
  Every country's merchants invest lots of money in neutral harbours to try and turn them into harbours allied with their own countries.
  But if you're going to try and turn another country's allied harbour to your own country, you're going to need a lot of financial power just to begin to compete.
  Essentially, the whole country needs to come together and plan out how they're going to try and accomplish this.

• 10289
• Instructor Mutu
  The merits to yourself for investing, eh. When you invest in a city, you earn Fame for yourself. And, when the amount you've invested reaches a certain level, you will see changes such as the markets, item shops, and craft shops improving their inventories.
  In addition, once your investment sum reaches a certain level, you will receive awards from the city officials, such as recipes and Tickets.

• 10290
• Instructor Mutu
  Is there anything else you'd like to know?

• 10291
• What will you answer?

• 10292
• No, I'm good.

• 10293
• Yes, there is.

• 10294
• Instructor Mutu
  Ah yes, I almost forgot. You cannot invest consecutively. Once you have invested, you will need to go to another city to do so again.
  But, if you use an item called a Request Investment Book, you can get around this limitation and invest in the same city consecutively.
  I'll give you one at the end of this lecture. Okay, let's move on to large-scale investments.
  Come talk to the Commerce Course Instructor once you have reviewed this lecture.

• 10295
• Instructor Mutu
  Thaaaanks for waiting! Let's pick up where we left off!

• 10296
• Instructor Mutu
  It's time for my super-special lecture on Epic Investment Battles! Now, where shall I begin?

• 10297
• What will you answer?

• 10298
• What are Epic Investment Battles?

• 10299
• How do I take part in them?

• 10300
• What are the rewards?

• 10301
• Is there anything I should be careful of when joining one?

• 10302
• Instructor Mutu
  Epic Investment Battles take place when investing has really taken off for a particular city and many countries are all vying to invest large amounts of money in it. When taking part in one of these battles, you will be unable to use Request Investments Books when investing in the target harbour.
  Furthermore, the city bank that sent out the investment request will shut down, and a single investment will be measured in millions of ducats.
  Basically, you will need a whole lot of money in your possession when engaging in one of these battles.

• 10303
• Instructor Mutu
  To take part in an Epic Investment Battle, you will need to accept a quest known as an investment request from a bank outside the target city.
  Once you have made an investment, the quest will be complete, so please send a completion report to a bank outside the target city.
  If you want to invest again, just take on another quest.

• 10304
• Instructor Mutu
  Of course there are rewards. Just like with normal investments, you can receive Fame and items,
  but you can also get patriot awards.

• 10305
• Instructor Mutu
  Things to be careful of, eh. Well, when the target harbour is in hostile waters, you will have to watch out for damage from pirates.
  Overall, you should just have a lot of money and be skilled as a merchant before taking part in an Epic Investment Battle.

• 10306
• Instructor Mutu
  Is there anything else you'd like to know?

• 10307
• What will you answer?

• 10308
• No, I'm good.

• 10309
• Yes, there is.

• 10310
• Instructor Mutu
  Okay, let's leave it at that.
  You're as quick a study as ever, Player.
  Go on and get a Request Investment Book from the Commerce Course Instructor.
  Now I no longer have anything left to teach you at this school.
  Which means that the next lecture is to practice everything we've learned so far and prepare you for your gradation exam.
  Okay, good luck now!